Sam Parr
👤 SpeakerAppearances Over Time
Podcast Appearances
And so, for example...
What are some of those variables?
I would say one variable is endurance.
So a lot of the people there had sold their company.
And like, if you just look at the people that sold their company for, let's call it 50 million, 150 million, 500 million, a lot of times that same company is now worth 5 billion.
And it's like, they just sold early and they were ready to move on.
And what's the difference between them and the guy who actually is worth 5 billion or their company's worth 5 billion?
They've just stayed at it longer.
They stayed in the company for a longer period of time.
So I would say an uncommon level of endurance is one.
I would say there's a multiply by zero moment.
So almost every company, there was like, tell me a story about when you almost failed.
And they're like, oh, happy to.
I remember when it was Christmas time and we almost ran out of, we were growing fast.
We actually ran out of cash.
We didn't realize it because we were so dumb about inventory planning.
And so here we were, we were going to do $380 million in revenue and we were about to go broke.
And I had two weeks left and I had to go get a loan.
I had to go get funding.
And then the funding got pulled out within 24 hours of the deadline.